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THE NEGOTIABLE INSTRUMENTS ACT, 1881


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63. Drawee's time for deliberation
 

The holder must, if so required by the drawee of a bill of exchange presented to him for acceptance, allow the drawee 1[forty-eight] hours (exclusive of public holidays) to consider whether he will accept it.

1. Substituted by Act l2 of 1921, sec. 2 for "twenty-four".

 



 

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